Evaluating the Effectiveness of a Computerised Accounting System for Financial Management in Nigeria

Chinenye Eunice Okeke

doi:doi:10.11648/j.ijber.20251406.16

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Evaluating the Effectiveness of a Computerised Accounting System for Financial Management in Nigeria

Chinenye Eunice Okeke^*

Published in International Journal of Business and Economics Research (Volume 14, Issue 6)

Received: 20 May 2025 Accepted: 30 June 2025 Published: 31 December 2025

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Abstract

This study examines the effectiveness of computerised accounting systems (CAS) in enhancing financial management within Nigerian commercial banks. Although CAS has become essential for improving operational efficiency, accuracy, and competitive advantage, Nigerian banks continue to face major challenges including cyber-insecurity, system failures, and operational risks. These unresolved issues raise concerns about whether computerised systems truly contribute to improved profitability, performance evaluation, and reliable financial management. Therefore, this study aims to assess the extent to which CAS adoption has enhanced efficiency and profitability in Nigerian banks; explore how operational and security challenges affecting CAS effectiveness are currently being addressed; and determine the specific impact of these challenges on financial management outcomes. The study adopts a positive and quantitative research design, using structured online questionnaires administered to 100 banking staff in Lagos State, selected through convenient sampling. Data will be collected through Google Forms, organised using Excel, and analysed statistically using SPSS. The expected findings are that while CAS improves speed, accuracy, and operational performance, security vulnerabilities and infrastructural limitations continue to weaken overall effectiveness. The study anticipates identifying key gaps in system integrity, staff training, and technological readiness that influence financial management outcomes in Nigerian banks. However, the study is limited by its focus on Lagos alone, its reliance on self-reported data, and the use of convenience sampling, which may restrict the generalisability of findings. Despite these limitations, the research will provide valuable empirical evidence on CAS performance and offer insights to guide policy, system upgrades, and security improvements across the Nigerian banking industry.

Published in	International Journal of Business and Economics Research (Volume 14, Issue 6)
DOI	10.11648/j.ijber.20251406.16
Page(s)	286-290
Creative Commons	This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.
Copyright	Copyright © The Author(s), 2025. Published by Science Publishing Group

Keywords

Computerised Accounting System, Financial Management, Operational Efficiency, Cybersecurity Challenges, Nigerian Banking Sector, Information and Communication Technology (ICT), Innovation Diffusion Theory

References

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APA Style

Okeke, C. E. (2025). Evaluating the Effectiveness of a Computerised Accounting System for Financial Management in Nigeria. International Journal of Business and Economics Research, 14(6), 286-290. https://doi.org/10.11648/j.ijber.20251406.16

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ACS Style

Okeke, C. E. Evaluating the Effectiveness of a Computerised Accounting System for Financial Management in Nigeria. Int. J. Bus. Econ. Res. 2025, 14(6), 286-290. doi: 10.11648/j.ijber.20251406.16

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AMA Style

Okeke CE. Evaluating the Effectiveness of a Computerised Accounting System for Financial Management in Nigeria. Int J Bus Econ Res. 2025;14(6):286-290. doi: 10.11648/j.ijber.20251406.16

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@article{10.11648/j.ijber.20251406.16,
  author = {Chinenye Eunice Okeke},
  title = {Evaluating the Effectiveness of a Computerised Accounting System for Financial Management in Nigeria},
  journal = {International Journal of Business and Economics Research},
  volume = {14},
  number = {6},
  pages = {286-290},
  doi = {10.11648/j.ijber.20251406.16},
  url = {https://doi.org/10.11648/j.ijber.20251406.16},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijber.20251406.16},
  abstract = {This study examines the effectiveness of computerised accounting systems (CAS) in enhancing financial management within Nigerian commercial banks. Although CAS has become essential for improving operational efficiency, accuracy, and competitive advantage, Nigerian banks continue to face major challenges including cyber-insecurity, system failures, and operational risks. These unresolved issues raise concerns about whether computerised systems truly contribute to improved profitability, performance evaluation, and reliable financial management. Therefore, this study aims to assess the extent to which CAS adoption has enhanced efficiency and profitability in Nigerian banks; explore how operational and security challenges affecting CAS effectiveness are currently being addressed; and determine the specific impact of these challenges on financial management outcomes. The study adopts a positive and quantitative research design, using structured online questionnaires administered to 100 banking staff in Lagos State, selected through convenient sampling. Data will be collected through Google Forms, organised using Excel, and analysed statistically using SPSS. The expected findings are that while CAS improves speed, accuracy, and operational performance, security vulnerabilities and infrastructural limitations continue to weaken overall effectiveness. The study anticipates identifying key gaps in system integrity, staff training, and technological readiness that influence financial management outcomes in Nigerian banks. However, the study is limited by its focus on Lagos alone, its reliance on self-reported data, and the use of convenience sampling, which may restrict the generalisability of findings. Despite these limitations, the research will provide valuable empirical evidence on CAS performance and offer insights to guide policy, system upgrades, and security improvements across the Nigerian banking industry.},
 year = {2025}
}

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TY  - JOUR
T1  - Evaluating the Effectiveness of a Computerised Accounting System for Financial Management in Nigeria
AU  - Chinenye Eunice Okeke
Y1  - 2025/12/31
PY  - 2025
N1  - https://doi.org/10.11648/j.ijber.20251406.16
DO  - 10.11648/j.ijber.20251406.16
T2  - International Journal of Business and Economics Research
JF  - International Journal of Business and Economics Research
JO  - International Journal of Business and Economics Research
SP  - 286
EP  - 290
PB  - Science Publishing Group
SN  - 2328-756X
UR  - https://doi.org/10.11648/j.ijber.20251406.16
AB  - This study examines the effectiveness of computerised accounting systems (CAS) in enhancing financial management within Nigerian commercial banks. Although CAS has become essential for improving operational efficiency, accuracy, and competitive advantage, Nigerian banks continue to face major challenges including cyber-insecurity, system failures, and operational risks. These unresolved issues raise concerns about whether computerised systems truly contribute to improved profitability, performance evaluation, and reliable financial management. Therefore, this study aims to assess the extent to which CAS adoption has enhanced efficiency and profitability in Nigerian banks; explore how operational and security challenges affecting CAS effectiveness are currently being addressed; and determine the specific impact of these challenges on financial management outcomes. The study adopts a positive and quantitative research design, using structured online questionnaires administered to 100 banking staff in Lagos State, selected through convenient sampling. Data will be collected through Google Forms, organised using Excel, and analysed statistically using SPSS. The expected findings are that while CAS improves speed, accuracy, and operational performance, security vulnerabilities and infrastructural limitations continue to weaken overall effectiveness. The study anticipates identifying key gaps in system integrity, staff training, and technological readiness that influence financial management outcomes in Nigerian banks. However, the study is limited by its focus on Lagos alone, its reliance on self-reported data, and the use of convenience sampling, which may restrict the generalisability of findings. Despite these limitations, the research will provide valuable empirical evidence on CAS performance and offer insights to guide policy, system upgrades, and security improvements across the Nigerian banking industry.
VL  - 14
IS  - 6
ER  -

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Chinenye Eunice Okeke

Management Sciences, Ignatius Ajuru University of Education (IAUE), Port Harcourt, Nigeria

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Plain Text BibTeX RIS

APA Style

Okeke, C. E. (2025). Evaluating the Effectiveness of a Computerised Accounting System for Financial Management in Nigeria. International Journal of Business and Economics Research, 14(6), 286-290. https://doi.org/10.11648/j.ijber.20251406.16

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ACS Style

Okeke, C. E. Evaluating the Effectiveness of a Computerised Accounting System for Financial Management in Nigeria. Int. J. Bus. Econ. Res. 2025, 14(6), 286-290. doi: 10.11648/j.ijber.20251406.16

Copy | Download

AMA Style

Okeke CE. Evaluating the Effectiveness of a Computerised Accounting System for Financial Management in Nigeria. Int J Bus Econ Res. 2025;14(6):286-290. doi: 10.11648/j.ijber.20251406.16

Copy | Download

@article{10.11648/j.ijber.20251406.16,
  author = {Chinenye Eunice Okeke},
  title = {Evaluating the Effectiveness of a Computerised Accounting System for Financial Management in Nigeria},
  journal = {International Journal of Business and Economics Research},
  volume = {14},
  number = {6},
  pages = {286-290},
  doi = {10.11648/j.ijber.20251406.16},
  url = {https://doi.org/10.11648/j.ijber.20251406.16},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijber.20251406.16},
  abstract = {This study examines the effectiveness of computerised accounting systems (CAS) in enhancing financial management within Nigerian commercial banks. Although CAS has become essential for improving operational efficiency, accuracy, and competitive advantage, Nigerian banks continue to face major challenges including cyber-insecurity, system failures, and operational risks. These unresolved issues raise concerns about whether computerised systems truly contribute to improved profitability, performance evaluation, and reliable financial management. Therefore, this study aims to assess the extent to which CAS adoption has enhanced efficiency and profitability in Nigerian banks; explore how operational and security challenges affecting CAS effectiveness are currently being addressed; and determine the specific impact of these challenges on financial management outcomes. The study adopts a positive and quantitative research design, using structured online questionnaires administered to 100 banking staff in Lagos State, selected through convenient sampling. Data will be collected through Google Forms, organised using Excel, and analysed statistically using SPSS. The expected findings are that while CAS improves speed, accuracy, and operational performance, security vulnerabilities and infrastructural limitations continue to weaken overall effectiveness. The study anticipates identifying key gaps in system integrity, staff training, and technological readiness that influence financial management outcomes in Nigerian banks. However, the study is limited by its focus on Lagos alone, its reliance on self-reported data, and the use of convenience sampling, which may restrict the generalisability of findings. Despite these limitations, the research will provide valuable empirical evidence on CAS performance and offer insights to guide policy, system upgrades, and security improvements across the Nigerian banking industry.},
 year = {2025}
}

Copy | Download

TY  - JOUR
T1  - Evaluating the Effectiveness of a Computerised Accounting System for Financial Management in Nigeria
AU  - Chinenye Eunice Okeke
Y1  - 2025/12/31
PY  - 2025
N1  - https://doi.org/10.11648/j.ijber.20251406.16
DO  - 10.11648/j.ijber.20251406.16
T2  - International Journal of Business and Economics Research
JF  - International Journal of Business and Economics Research
JO  - International Journal of Business and Economics Research
SP  - 286
EP  - 290
PB  - Science Publishing Group
SN  - 2328-756X
UR  - https://doi.org/10.11648/j.ijber.20251406.16
AB  - This study examines the effectiveness of computerised accounting systems (CAS) in enhancing financial management within Nigerian commercial banks. Although CAS has become essential for improving operational efficiency, accuracy, and competitive advantage, Nigerian banks continue to face major challenges including cyber-insecurity, system failures, and operational risks. These unresolved issues raise concerns about whether computerised systems truly contribute to improved profitability, performance evaluation, and reliable financial management. Therefore, this study aims to assess the extent to which CAS adoption has enhanced efficiency and profitability in Nigerian banks; explore how operational and security challenges affecting CAS effectiveness are currently being addressed; and determine the specific impact of these challenges on financial management outcomes. The study adopts a positive and quantitative research design, using structured online questionnaires administered to 100 banking staff in Lagos State, selected through convenient sampling. Data will be collected through Google Forms, organised using Excel, and analysed statistically using SPSS. The expected findings are that while CAS improves speed, accuracy, and operational performance, security vulnerabilities and infrastructural limitations continue to weaken overall effectiveness. The study anticipates identifying key gaps in system integrity, staff training, and technological readiness that influence financial management outcomes in Nigerian banks. However, the study is limited by its focus on Lagos alone, its reliance on self-reported data, and the use of convenience sampling, which may restrict the generalisability of findings. Despite these limitations, the research will provide valuable empirical evidence on CAS performance and offer insights to guide policy, system upgrades, and security improvements across the Nigerian banking industry.
VL  - 14
IS  - 6
ER  -

Copy | Download